Breaking News Bar
updated: 10/1/2013 9:47 PM

Sugar Grove likely to keep discounting builder fees

hello
Success - Article sent! close
 
 

Sugar Grove is likely to continue offering house builders a break on permit and impact fees to house builders for a fourth year.

This time the village expects to see a lot more interest, according to community development director Rich Young.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

"Up until this year, we had limited success," he said, adding that the village had issued a "handful" of permits.

But building activity has increased this year with village issuing 20 permits so far for new houses, mostly in the Prairie Glen subdivision.

The incentives were designed to spur building in subdivisions left unfinished by developers who went out of business during the 2008 recession and housing-market crash.

Under the proposal for next year, the village would calculate the fees for construction of a house. A builder or developer would only have to pay up to $16,500 per house.

Twenty permits is a far cry from the go-go days of the late 1990s and early 2000s, when Sugar Grove was issuing as many as 377 housing permits a year. For four years in a row, it added at least 1,000 people to the town.

In Sugar Grove, there are 350 to 400 unbuilt improved lots and about 3,500 unimproved lots, according to village administrator Brent Eichelberger.

Improved lots are graded and may have items such as utilities and basic roads in place.

"It is nice to see houses going up again," Trustee Kevin Geary said.

The board discussed the proposal at Tuesday's meeting and will vote on the ordinance Oct. 15.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.